Flat 2 Chipping Lodge, 87 Western Road

    FLAT 2 CHIPPING LODGE, 87, WESTERN ROAD, ROMFORD, RM1 3LW

    This flat/maisonette leasehold property on Western Road last sold in July 2017 for £280,000. Based on price growth in the RM1 district since then, its estimated current value is £263,888 — placing it in the 41st percentile nationally and the 31st percentile within RM1. The property covers 55 m² (592 sq ft), giving an estimated value of £4,798 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £280,000

    Jul 2017

    Estimated Valuation

    £263,888

    Est. £/sq ft

    £446/sq ft

    £4,798/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateJan 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jul 2017

    £280,000

    1 Jul 2014

    £195,000

    24 Oct 2008

    £170,000

    6 Jun 2005

    £166,000

    14 Jul 2003

    New build

    £125,000

    Key Metrics

    Estimated valuation£263,888
    Value per sq ft / m²£446/sq ft (£4,798/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM1 district percentile31st percentile
    National percentile41st percentile

    District Context — RM1

    RM1 covers Romford and surrounding areas in East London, positioned in the east of the capital. It is a diverse, mixed-tenure neighbourhood with strong demand from families and commuters seeking affordable space within reach of London.

    Average Property Price - RM1

    £442,446

    73

    National percentile

    Average Net Household Income - RM1

    £47,792

    83

    National percentile

    10-Year Annualised Price Growth - RM1

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM1

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